VS
Compare iShares 1-5 Year Laddered Government Bond Index ETF (CLF) vs iShares Core Canadian 15+ Year Federal Bond Index ETF (XFLB) to find the best fit for your portfolio. CLF provides Municipal, Sovereign, and Government Agencies exposures, while XFLB is primarily weighted in Sovereign. When evaluating costs, CLF features a management fee (MER) of 0.15%, compared to 0.15% for XFLB. Performance-wise, CLF has returned 0.59% year-to-date with +$154 M in net flows, whereas XFLB is at 2.86% with -$2 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CLF
XFLB
| AuM | $762.64 M | $46.47 M |
| Management Fees | 0.15% | 0.15% |
| Exp. ratio | 0.16% | 0.17% |
| Tracking Difference | - | -0.12% |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CLF | -0.52% | -0.29% | +0.59% | +1.52% | +13.05% |
XFLB | -2.86% | -5.10% | -2.86% | -2.47% | -0.46% | |
| Flows | CLF | +$9 M | +$28 M | +$154 M | +$163 M | +$219 M |
XFLB | +$0 M | -$4 M | -$2 M | +$7 M | +$18 M |
CLF vs XFLB exposure
Countries
CLF
Canada
99.93%
XFLB
Canada
99.91%
Sectors
CLF
Municipal
40.18%
Sovereign
39.70%
Government Agencies
11.11%
Finance
8.93%
XFLB
Sovereign
99.91%
As of September 3, 2026
Top 10 Holdings
CLF
Canada, Bond 2 1jun2028 10Y
4.15%
Canada, Bonds 2.75% 1sep2027, CAD
4.06%
Canada, Bond 2.25 1jun2029 10Y
2.80%
Canada, Bonds 3.25% 1sep2028, CAD
2.76%
Canada, Bond 1.25 1jun2030 10Y
2.69%
Canada, Bonds 2.25% 1dec2029, CAD
2.65%
Canada, Bond 0.5 1oct2030 10Y
2.62%
Canada, Bond 1.5 1jun2031 10Y
2.61%
Canada, Bonds 3.5% 1sep2029, CAD
2.60%
Canada, Bonds 2.75% 1sep2030, CAD
2.59%
XFLB
Canada, Bonds 3.5% 1dec2057, CAD
27.50%
Canada, Bond 2 1jan2051 30Y
19.89%
Canada, Bonds 2.75% 1dec2055, CAD
19.55%
Canada, Bond 1.75 1dec2053 30Y
15.76%
Canada, Bond 2.75 1dec2048 30Y
6.10%
Canada, Bond 3.5 1dec2045 30Y
5.99%
Canada, Bond 2.75 1dec2064 50Y
4.26%
Canada, Bonds 3.5% 1dec2056, CAD (D)
0.87%
Diversification
CLF
Total weight of top 10 holdings out of 84 total
29.53%
XFLB
Total weight of top 10 holdings out of 8 total
99.91%
Characteristics
Compare
CLF
XFLB
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD | Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Fixed Income | Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.30% | 3.27% |
| Meets ESG criteria | No | No |
| Inception Date | January 31, 2008 | February 7, 2023 |
Frequently asked questions about CLF and XFLB
Which ETF has performed better year to date: CLF or XFLB?
As of September 3, 2026, CLF has returned 0.59% year to date, while XFLB has returned -2.86%. CLF is ahead on YTD performance.
Which ETF is larger by assets under management: CLF or XFLB?
As of September 3, 2026, CLF manages $762.64 M in assets, while XFLB manages $46.47 M. CLF is the larger fund by AUM.
How are CLF and XFLB managed?
CLF is passively managed by iShares. It tracks the FTSE Canada 1-5 Year Laddered Government Bond TR Index - CAD benchmark. XFLB is passively managed by iShares. It tracks the Bloomberg Canada Aggregate 15+ Year Federal Bond Float Adjusted Index - CAD benchmark.
What sectors do CLF and XFLB emphasize?
CLF is most exposed to Municipal, Sovereign, and Government Agencies. XFLB is most exposed to Sovereign.
Which ETF is attracting more investor flows: CLF or XFLB?
Year to date, CLF has seen +$154.49 M in net flows, compared with -$2.04 M for XFLB. CLF has attracted more net investor money so far.
How do the fees of CLF and XFLB compare?
CLF has an expense ratio of 0.16%, while XFLB has an expense ratio of 0.17%.
What are the top holdings of CLF and XFLB?
CLF's largest holdings include Canada, Bond 2 1jun2028 10Y, Canada, Bonds 2.75% 1sep2027, CAD, and Canada, Bond 2.25 1jun2029 10Y. XFLB's top holdings include Canada, Bonds 3.5% 1dec2057, CAD, Canada, Bond 2 1jan2051 30Y, and Canada, Bonds 2.75% 1dec2055, CAD.
Which ETF is more diversified: CLF or XFLB?
CLF holds 84 securities, while XFLB holds 8. On holdings count, CLF is the more diversified portfolio.
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All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

